CEVA, Inc. announced that CEO Gideon Wertheizer has chosen to retire at the end of 2022. The CEVA board of directors has unanimously appointed Amir Panush as CEO effective January 1, 2023. Mr. Wertheizer will continue to serve as an active member of CEVA's board of directors and will be employed in an advisory role in the near term to ensure a smooth leadership transition.

Amir Panush joins CEVA from InvenSense, Inc., a TDK group company, where he served as CEO and General Manager of TDK Corporation's MEMS Sensors Business Group and where he led the company through revenue growth of over 100% since 2020. Mr. Panush previously held various leadership positions at TDK, following TDK's successful acquisition of InvenSense in 2017. Mr. Panush joined Invensense in 2015, serving as head of the company's Strategy & Corporate Development, where he drove strategic expansion and diversification efforts.

Prior to InvenSense, Mr. Panush held several leadership roles at Qualcomm Inc. and led strategic marketing and partnerships at Atheros Communications (acquired by Qualcomm). His earlier industry roles spanned software engineering and project management leadership at Texas Instruments and Comsys Mobile (acquired by Intel). Mr. Panush holds a Master of Business Administration from Haas Business School, University of California at Berkeley and a bachelor's degree, Cum Laude, in Computer Science from Technion Institute of Technology in Israel.